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Tuesday, September 20, 2016

Hillary’s Sicko Relationship

As a U.S. senator, Hillary Clinton helped arrange for $1.65 billion in low-interest, federally guaranteed “Liberty Bonds” (supposedly earmarked for post-9/11 rebuilding in New York City) to subsidize the construction of Goldman Sachs’ gleaming new headquarters building in Lower Manhattan. During the 2005 groundbreaking ceremony for the project, she affectionately called the firm her “partner in government.” Three years later she supported the $10 billion Federal Reserve bailout of her too-big-to-jail “partner.” In return, Goldman paid her at least $675,000 for three speeches; has donated huge sums to her campaign; and recently prohibited its employees from donating anything to the Trump campaign. Her son-in-law was handed a hedge fund to manage by the CEO of Goldman Sachs (and reportedly lost 90% of the fund’s value).

So it was no surprise that Hillary feigned great offense at Donald Trump’s recent criticism of the Federal Reserve Board’s policy of “easy money” that pushes interest rates close to zero. “You should not be commenting on Fed actions when you are either running for president or you are president,” she indignantly declared.